SOLD
On behalf of private client
49 COLEBROOKE ROW
LONDON, N1 8AF
A FREEHOLD INVESTMENT OPPORTUNITY IN ISLINGTON
49 Colebrooke Row is an impressive freehold mid-terrace period block of 11 flats comprising 10 x studios and 1 x one bedroom.
The building has residential use (C3) and extends to 276.85 Sqm / 2,980 sq ft.
The eleven flats are part let but can produce an income in the region of £150,448 per annum.
The property is in fair condition, and offers the opportunity to improve the accommodation and common parts, with the potential to increase rents and returns.
The property further benefits from the potential to increase it’s existing residential footprint, through extension into the rear garden subject to obtaining the necessary planning consents.
